nationalisation of mines in south africa

nationalisation of mines in south africa

  • Nationalisation Of The Mines In South Africa Economics Essay

    Currently South Africa is one of the most unequal societies in the world and nationalisation will bridge the gap between rich and poor. In addition, nationalisation leads to the government playing a more active role in distribution as private enterprises do not always consider the welfare of the country’s inhabitants.

  • Nationalisation of Mines in South Africa StudyHippo

    In order implement the nationalisation of mines, it would cost South Africa R1. 9 trillion in state resources (Godsell and Spicer, 2011: 5) to compensate its stakeholders. This amount does not include non-listed companies however. The R1. 9 trillion resources government would need to fund nationalisation would induce an economic trade-off.

  • Nationalisation of Mines in South Africa - 3122 Words ...

    This means that South Africa is drifting towards perfect inequality. With job creation on a decline, unemployment steadily rising, and inequality gap worsening, the call for nationalisation by Julius Malema (2009) is sought to allow every South African to benefit from mines, which are owned and run by the State government.

  • Advantages and disadvantages of nationalising mines

    The minister of finance Mr Pravin Gordhan stated on March 14, 2011, that nationalisation of South Africa’s mines and other economic assets is not government policy. He went on to say that failure to be clear on policies could be an obstacle to elevated levels of foreign direct investment that are required to help lift growth rates to 7 percent.

  • nationalisation of mines in south africa pdf

    The new South African debate on nationalisation versus privati- sation seems to be dominated.... tatives of the National Union of Mine Workers (NUM) were very.

  • Policy implications of the nationalisation of mines in ...

    The proposal to nationalise mines is a contentious issue in South Africa. There are those who argue for, while others against, the proposal. Furthermore, the role of government in this process is relatively unclear. The study investigates the proposed nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the nationalisation of ...

  • Author: Njabulo Sphiwe Makhanya
  • South Africa says no to mines nationalization - MINING.COM

    The South African government has quashed persistent rumours about nationalizing the country’s mining industry. AFP reports the government has no plans to nationalize its mines despite the radical...

  • Debate on Nationalising the Mines in South Africa

    South Africa A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized.

  • To Nationalize or Not? The Pros and Cons of South Africa ...

    2009-11-19  Nationalizing the mines could, in the short term, make South Africans better off on the whole. If ownership of the mines is turned over to the state, future profits and current assets of the industry could be used towards creating news jobs, and providing more state services for the betterment of the South African people.

  • Author: Steven Clay
  • Nationalisation in South Africa - A debate that will ...

    2011-12-03  THE nationalisation of mines in South Africa is a costly, high-risk proposition that should be adopted only as a last resort, an independent panel of experts is reported to have concluded after a ...

  • nationalisation of mines in south africa pdf

    Keywords: Nationalisation; South Africa; mining sector. Get price. Debate on Nationalising the Mines in South Africa South Africa ... Feb 6, 2010 ... (Note: the full ANC YL document on nationalisation of the mines can be read here in a PDF version). Not surprisingly Malema has faced a... Get price. Nationalisation and the Freedom Charter - Polity . Jun 28, 2011 ... Recent calls for ...

  • Nationalisation of industry fears 'harming South Africa ...

    South Africa's ruling African National Congress (ANC) party debated – and ruled out – the long-mooted nationalisation of its mining industry at the party's policy conference last week.

  • Nationalising South African mines: Back to a prosperous ...

    Downloadable! Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidence-based perspective. The relevant evidence is derived from theoretical considerations and related to the known features of the South African mining sector and economy. A strong case against nationalisation emerges, which can be ...

  • nationalisation of mines in south africa

    Nationalisation Of The Mines In South Africa Economics Essay Another disadvantage of nationalisation is a reduction in the corporate taxes received by the government which could result in the South African citizen paying more taxes in the event of the nationaisation of the mines Advantages and disadvantages of nationalising mines. Nov 04 2011 Nationalising South Africa s mines is

  • disadvantages of nationalisation in south africa

    Debate on Nationalising the Mines in South Africa - Marxist. Feb 6, 2010 A storm erupted in policy circles in South Africa after Julius Malema the (Note: the full ANC YL document on nationalisation of the mines can get price. Advantages and problems of privatisation Economics Help. May 12, 2017 for and against privatisation. privatisation-vs-nationalisation Disadvantages of privatisation ...

  • Ramaphosa rules out nationalisation of mines

    Ramaphosa rules out nationalisation of mines. President Cyril Ramaphosa said a new Mining Charter would be drafted within the next three months. South Africa's new president Cyril Ramaphosa ...

  • disadvantages of nationalisation of mines in south africa

    disadvantages of nationalisation in south africa. disadvantages of nationalisation of mines in south africa advantages and disadvantages of nationalization mining sector . south africa will not nationalise its mines, says minister susan anglo is the largest private sector employer in south africa, with the mining sector making up . Get Price. advantages of nationalising a mining indusry ...

  • Revolutionary madness? 'Let's nationalise banks, mines ...

    In an opinion piece titled “Our chance to complete the revolution,” published in South Africa’s Sunday Times, Christopher Malikane, an economics professor at Johannesburg’s University of the Witwatersrand, also proposed the establishment of a state bank that would combine all government-owned financial institutions, the nationalization of the South African Reserve Bank and the ...

  • NATIONALISATION CASE STUDIES LESSONS FOR SOUTH A

    at nationalisation in these and other countries at various times involved such sectors as mining and banking. The proposal by the African National Congress Youth League (ANCYL) to nationalise certain key sectors within the South African economy is based on a motivation to address the inequalities created by the previous dispensation. The idea is that, once key strategic areas are in the hands ...

  • nationalization of minings in south africa

    South Africa 'will not nationalise mines' South Africa 'will not nationalise mines'. The Mining Indaba is regarded as the world's largest mining investment conference and Africa's biggest mining event. Shabangu said that in the midst of "this debate about nationalisation, we have consistently maintained that nationalisation is not the policy of ...

  • Nationalisation of industry fears 'harming South Africa ...

    South Africa's ruling African National Congress (ANC) party debated – and ruled out – the long-mooted nationalisation of its mining industry at the party's policy conference last week.

  • Policy implications of the nationalisation of mines in ...

    The proposal to nationalise mines is a contentious issue in South Africa. There are those who argue for, while others against, the proposal. Furthermore, the role of government in this process is relatively unclear. The study investigates the proposed nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the nationalisation of ...

  • disadvantages of nationalisation in south africa

    Debate on Nationalising the Mines in South Africa - Marxist. Feb 6, 2010 A storm erupted in policy circles in South Africa after Julius Malema the (Note: the full ANC YL document on nationalisation of the mines can get price. Advantages and problems of privatisation Economics Help. May 12, 2017 for and against privatisation. privatisation-vs-nationalisation Disadvantages of privatisation ...

  • NATIONALISATION CASE STUDIES LESSONS FOR SOUTH A

    at nationalisation in these and other countries at various times involved such sectors as mining and banking. The proposal by the African National Congress Youth League (ANCYL) to nationalise certain key sectors within the South African economy is based on a motivation to address the inequalities created by the previous dispensation. The idea is that, once key strategic areas are in the hands ...

  • Revolutionary madness? 'Let's nationalise banks, mines ...

    In an opinion piece titled “Our chance to complete the revolution,” published in South Africa’s Sunday Times, Christopher Malikane, an economics professor at Johannesburg’s University of the Witwatersrand, also proposed the establishment of a state bank that would combine all government-owned financial institutions, the nationalization of the South African Reserve Bank and the ...

  • Nationalisation The Malema Files

    Nationalisation. A short while back, Malema began a restless tirade to call for the nationalisation of mines and land (and even banks) across South Africa, insisting that it will become ANC policy (which the ANC itself had vehemently denied).

  • How privatisation versus nationalisation debate is on a ...

    Nowhere can this allegorical journey be more appropriately applied than in respect of the debate and politics around the privatisation versus nationalisation of state entities, whether at national ...

  • Why SA needs nationalisation by EFF-led government ...

    2013-10-27  The programme of nationalisation represents a shift in the economic policy of South Africa as currently proposed by the EFF. This is a radical policy shift to the left and this often displeases the majority of opponents of the EFF’s economic policy that emphasises on meaningful state involvement in the economy. These people solely believe in the failed capitalist system that states that the ...

  • South Africa: Why nationalising the mines is not the ...

    South Africa: Why nationalising the mines is not the answer M inus the big hair, crown, and french accent, Julius Malema may well be South Africa’s own Marie Antoinette. This is especially true in light of his most recent talk-left walk-right statements concerning nationalisation of mines, a reality he apparently gleamed from President Zuma’s state of the nation speech.

  • nationalization of minings in south africa

    South Africa 'will not nationalise mines' South Africa 'will not nationalise mines'. The Mining Indaba is regarded as the world's largest mining investment conference and Africa's biggest mining event. Shabangu said that in the midst of "this debate about nationalisation, we have consistently maintained that nationalisation is not the policy of ...

  • Jacob Zuma: 'No South Africa mine nationalisation' - BBC News

    2012-07-02  In an interview with the BBC, President Jacob Zuma has said the nationalisation of South Africa's mines has not been introduced as a new policy. Many of

  • Call for nationalisation of South African resources The ...

    2012-08-30  The controversial politician Julius Malema yesterday said black South Africans are worse off than during apartheid and launched a hit list for nationalisation as he capitalised on discontent over ...

  • Out of Africa: ‘Nationalise the mines!’ Will the ANC do it?

    Malema seems to have convinced some of South Africa’s disenchanted poor that nationalisation of the mines, banks and land – all mainly still in white hands – can provide an economic nirvana, creating jobs and opportunities for all. The appeal of nationalisation is a clear consequence of the failure of ANC government policy in two areas: black economic empowerment (BEE), which was meant ...

  • nationalisation of mines in south africa pdf

    Mining and 'Traditional Communities' in South Africa's Taylor . the nationalisation debate is still not off the table, this brought some clarity after months of uncertainty and plaed the . 5 A. Manson and B. Mbenga, '“The Richest Tribe in Africa”: Platinum Mining and the Bafokeng in South Africa's. North-West .. 21aug11-bapo_ba_mogale.pdf, retrieved 22 September 2011. Mining and Overview ...

  • Nationalising mines 'not on the table' - Brand South Africa

    2011-11-04  Nationalising South Africa’s mines is neither government policy nor the policy of the ruling African National Congress (ANC), says Mineral Resources Minister Susan Shabangu, adding that the government is committed to promoting the mining industry to achieve both industrial growth and social transformation. Speaking at the Deutsche Bank’s 8th Annual BRICS Metals and Mining Conference in ...

  • Nationalisation The Malema Files

    Nationalisation. A short while back, Malema began a restless tirade to call for the nationalisation of mines and land (and even banks) across South Africa, insisting that it will become ANC policy (which the ANC itself had vehemently denied).

  • Nationalisation of mines won't happen, says Shabangu - The ...

    2013-02-05  Mineral Resources Minister Susan Shabangu has taken a reconciliatory approach at the 2013 African Mining Indaba, taking special effort to reassure investors that Africa, and South Africa

  • ANCYL plan for nationalising the mines - PARTY Politicsweb

    NATIONALISATION OF MINES means the democratic government's ownership and control of Mining activities, including exploration, extraction, production, processing, trading and beneficiation of Mineral Resources in South Africa. Minerals Resources refer to all the more than 50 non-renewable precious, industrial and chemical stones extracted from Mines in South Africa. This includes but not ...

  • Nationalization and Mining: Lessons from

    for mining engineers. This will leave South Africa unskilled, uncompetitive, and begging for international buyers for the now rundown mines, with nothing but ruined assets to sell. As Zambia has shown, one decade is not enough time to recover from confusing the role of the State with that of private capital. If nationalization is the only way ...